Ransomware is arguably the most significant cybercrime innovation in recent history. The ransomware business model is so effective that it is now the most common and devastating threat to organizations of all sizes. As a provider of cyber insurance, we have the misfortune of responding to ransomware attacks across tens of thousands of organizations, and…

Between late March and mid-April 2020, IBM X-Force Incident Response and Intelligence Services (IRIS) uncovered a phishing campaign targeting small businesses that appears to originate from the U.S. Government Small Business Administration (SBA.gov). The emails, which contain subjects and attachments related to the need for small businesses to apply for disaster relief loans or provide…

There have been significant changes in web attack and traffic trends as a result of COVID-19, according to Imperva. The monthly report also revealed that the Cyber Threat Index remains at a ‘high’ level and the financial services sector has been suffering the most from cross-scripting site (XSS) attacks, and a continued increase in attacks…

Apple was the brand most commonly used in spoofing attacks during the first quarter of 2020, when 10% of all brand phishing attempts related to the tech giant, researchers report. Check Point’s “Brand Phishing Report” for the first quarter of 2020 highlights the brands that cybercriminals most frequently imitate to steal personal and financial data….

As US citizens wait for President Trump’s final decision about whether quarantine will be over by Easter, malware peddlers have already “decided”: quarantine will be prolonged until August 2020. Phishing emails point to malware Researchers with anti-phishing startup Inky have spotted two phishing emails purportedly coming from the White House, “signed” by President Trump. Both…

Organizations in the energy/utilities, government, manufacturing, and healthcare sectors have witnessed an increase in cyberattacks over the past year. In fact, recent research found that nearly 1,000 government agencies and healthcare institutions experienced attacks in 2019. As these industries evolve and become more digitized, attackers have the opportunity to access more data than ever before….